https://www.taxtmi.com/highlights?id=97787 Section 80-IA(4) permits deduction for enterprises that only develop infrastructure facilities; development-only enterprises fall within the provision and are eligible for deduction. Whether an assessee is a developer or merely a works contractor depends on the contractual and factual matrix-labels and periodic payments do not automatically disqualify developer status. Relevant factors include allocation of financial, operational and executional risks, engagement in planning/design/execution, and deployment of assets and personnel; on such facts an entity qualifies as a developer. Handing over possession of the completed facility to the government qualifies as a 'transfer' for the provision's purposes, satisfying the transfer requirement. en-us Tue, 17 Mar 2026 08:23:40 +0530 Tue, 17 Mar 2026 08:23:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=97787 Section 80-IA(4) permits deduction for enterprises that only develop infrastructure facilities; development-only enterprises fall within the provision and are eligible for deduction. Whether an assessee is a developer or merely a works contractor depends on the contractual and factual matrix-labels and periodic payments do not automatically disqualify developer status. Relevant factors include allocation of financial, operational and executional risks, engagement in planning/design/execution, and deployment of assets and personnel; on such facts an entity qualifies as a developer. Handing over possession of the completed facility to the government qualifies as a 'transfer' for the provision's purposes, satisfying the transfer requirement. Highlights Income Tax Tue, 17 Mar 2026 08:23:40 +0530 https://www.taxtmi.com/highlights?id=97787